South Africa’s largest platinum-mining union has rejected initial wage offers from two of the world’s biggest producers and accused Sibanye Gold Ltd. of trying to provoke a strike. Sibanye’s shares plunged.
The Association of Mineworkers and Construction Union said its members turned down opening proposals from Impala Platinum Holdings Ltd and Sibanye. The workers haven’t met to decide on a response to Anglo American Platinum Ltd., the union said.